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A major function of an entrepreneur is?

Commerce
JAMB 2007

A major function of an entrepreneur is?

  • A. decision-making
  • B. encouraging competition
  • C. human-resource training
  • D. motivating employees
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Correct Answer: Option A
Explanation

An entrepreneur is a person who combines the other factors of production - land, labor, and capital - to earn a profit. The major function is taking decisions on how best to combine the production functions for optimal utilization.

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